Resources

NewRiver recently hosted a Summary Prospectus webinar featuring a panel from Forrester Research, K&L Gates LLC and NewRiver, Inc. A list of participant questions and the panel's responses are available here.

Forrester Research conducted an online survey of 150 companies that sell mutual funds and annuities to find out how investor communications are likely to change if the short-form prospectus rule is proposed and passed by the SEC. See the press release and download the full report.

A study by the Investment Company Institute (ICI) found that only 34% of mutual fund investors consulted the prospectus before purchasing shares, and only 30% consulted the document to monitor their fund investments. 59% of recent fund investors consider mutual fund prospectuses very or somewhat difficult to understand. See: "Understanding Investor Preferences for Mutual Fund Information"

To learn more about the Summary Prospectus please see Frequently Asked Questions.